RH's Earnings Outlook
Portfolio Pulse from Benzinga Insights
RH (NYSE:RH) is set to release its latest quarterly earnings report on September 7, 2023. Analysts estimate an earnings per share (EPS) of $2.56. Last quarter, the company beat EPS by $0.12, which was followed by a 3.07% drop in the share price. Over the last 52-week period, shares are up 41.25%.
September 06, 2023 | 3:00 pm
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RH is expected to report an EPS of $2.56 in its upcoming earnings report. Last quarter's EPS beat was followed by a 3.07% drop in share price. Over the past year, shares have increased by 41.25%.
The upcoming earnings report is a significant event for RH. While the company beat EPS estimates last quarter, this led to a drop in share price, indicating that investor expectations may not align with the company's performance. However, the overall positive trend in share price over the past year suggests investor confidence in the company's long-term prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100